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SHOP - Shopify Inc News Story

C$1408.04 -38.6  -2.7%

Last Trade - 07/08/20

Sector
Technology
Size
Large Cap
Market Cap £96.91bn
Enterprise Value £93.84bn
Revenue £1.59bn
Position in Universe 1st / 2679

Shopify to let employees work from home permanently

Thu 21st May, 2020 4:43pm
May 21 (Reuters) - Canadian e-commerce firm Shopify Inc
 SHOP.TO  would keep its offices closed till 2021 and allow most
employees to work remotely on a permanent basis after that,
Chief Executive Officer Tobi Lutke said in a tweet on Thursday.
    "Office centricity is over," Lutke said https://twitter.com/tobi/status/1263483496087064579
 in the tweet.
    U.S. tech firms Square Inc  SQ.N  and Twitter Inc  TWTR.N 
also recently allowed employees to continue working from home
permanently.
    Tech giants like Facebook Inc  FB.O  and Alphabet Inc's
 GOOGL.O  Google have allowed most of their employees to work
remotely until the end of this year.

 (Reporting by Ayanti Bera in Bengaluru; Editing by Saumyadeb
Chakrabarty)
 ((Ayanti.Bera@thomsonreuters.com; within U.S.+1 646 223 8780,
outside U.S. +91 80 6749 3401;))
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